Treatment Resistant Depression Market is Estimated to Witness High Growth Owing to Opportunity of Rising Disease Prevalence
Treatment Resistant Depression Market Treatment resistant depression refers to a major depressive episode that fails to respond adequately to adequate pharmacotherapy with antidepressants. Factors such as genetic predisposition and other psychiatric comorbidities may contribute to treatment resistant depression. There is need for newer therapeutic options for patients suffering from treatment resistant depression as existing therapies have limited efficacy. The global Treatment Resistant Depression Market is estimated to be valued at US$ 1220.12 Mn in 2023 and is expected to exhibit a CAGR of 3.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Rising disease prevalence presents a high growth opportunity for players in treatment resistant depression market. It is estimated that nearly 30% of patients diagnosed with major depressive disorder do not respond to initial antidepressant therapy. This non-resp